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The Importance of a Balanced Approach in China
Dale: I thought the property sector that I could experience and saw in Hofei was very very interesting. Xiaomi, over to you on the consumer side, what did you pick up? Dale: Surprisingly, healthy, even though it's a relatively small third-tier city,. It was the second largest population in flow just after Hangzhou last year. So that local economy is really healthy and booming.